HR costs get rationalised by atleast 10% to 30%
The article quotes Pankaj Bansal (Co-founder & CEO at PeopleStrong) saying,” We manage joining, exit, payroll and timesheet or attendance processes for various companies. Employees can use their mobiles to check in, submit reimbursements, even send their resignations through their mobiles, manage the entire exit and full and final settlement, get their queries answered through chatbots – all of this helps companies save on costs. Outsourcing these processes help HR in concentrating on taking strategic decisions. We as a company manage 5 lakh employees working in different companies. Their HR costs get rationalised by atleast 10% to 30%”.
